Sect[Section] 1 Be it enacted by the people of the State of Illinois represented in the General Assembly That,Laurant Pensaneau, William C Carr, John Barkley, David Kennedy their associates, heirs and assigns are hereby constituted and declared a body politic and corporate by the name and style of “The S^t Clair Steam Mill Company,” from and after the passage of this act: and by that name and style they, and their successors shall have succession for ten years, and shall, in law, be capable of suing and being sued, pleading and being impleaded, answering and being answered unto in all courts and places whatsoever; may have a common seal, and may change and alter the same at pleasure; and they and their successors may also by that name and style, be capable in law, of purchasing, holding[,] and conveying away real and personal Estate for the uses and purposes of said corporation which real Estate shall not exceed one hundred and sixty acres whereon to erect the mill and necessary enclosures for carrying on the business of the said company

Sect 2 The said company hereby incorporated shall have power to erect a steam mill at or near Illinois Town in the county of S^t Clair, and are hereby authorised to carry on the manufacturing of the various kinds of grain and other manufactures;

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to export the same and other products of the country; and to use all such powers and privileges as may be necessary to carry on the said manufactury according to the objects of this act as herein exepressed

Sect 3 The capital stock of said company shall consist of ten thousand dollars with the privilege of increasing the same to twenty thousand dollars, to be divided into shares of one hundred dollars Each.

Sect 4 Said company shall meet annually on the first Monday in April, and elect a president, a Secretary who shall be sworn by a justice of the peace to the faithful discharge of his duties, and who shall keep a record of the proceedings of said company, in a book to be by him kept for that purpose; a treasurer who shall give bond to such amount and in such manner as the said company shall direct; and said company shall appoint such other officers and agents as may be necessary to carry into effect the powers herein granted

Sect 5 Said company shall have power to make and establish all such by laws, rules and regulations as shall be necessary; and not inconsistent with the constitution and laws of this State or of the United States, and the provisions of this act, for the transfer or payment of the stock ^or property^ of said company, and for the management and direction of the affairs of said company.

Sect: 6 If it should happen that any election should not be made or held on the day appointed by the provisions of this act, the said company shall

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not for that reason be dissolved, but such election be may held on any other day within thirty days thereafter; notice being given by the president, secretary, or any two members of said company; and at all elections and proceedings of said company each shareholder shall be entitled to as many votes as the number of shares he or she may have in said company